EU - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights
Germany is the EU Primary Manufacturer and Exporter of Transmission Machinery
From 2007 to 2014, EU production of transmission parts and details showed mixed dynamics, eventually rising from 1,974 thousand tonnes in 2007 to 1,993 thousand tonnes in 2014. It expanded with a CAGR of 0.1% over the period under review. In value terms, EU transmission gearing production was 22,341 million EUR in 2014, growing by 1.0% annually.
Germany was the largest producer of transmission machinery in absolute volumes (794 thousand tonnes). It was distantly followed by Denmark (87 thousand tonnes), Poland (58 thousand tonnes), Slovakia (26 thousand tonnes) and Hungary (20 thousand tonnes).
Positive dynamics in transmission machinery production among the main producing countries from 2007 to 2014 were recorded in Hungary (+23.9% per year), Denmark (+12.9% per year) and Slovakia (+1.9% per year), while for Poland (-3.2% per year) and Germany (-2.5% per year) the paces of growth were negative.
Germany dominated in EU transmission gearing production and trade. In 2014, Germany exported 83% of its total transmission gearing output. Of this amount, 7% was supplied to Austria, where Germany's transmission machinery held a 55% share of total Austria's imports.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the transmission shaft market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data